Saturday, July 1, 2017

Why Did Christie Shut Down N.J. Government?

"The real fight erupted over Christie's demand that the state dictate how much money not-for-profit Horizon Blue Cross Blue Shield of New Jersey is allowed to keep in a reserve fund before it must turn it over to a fund for public health causes.... Horizon said losing millions of dollars in reserves will hamper its ability to meet policyholder claims in the event of a catastrophic event. In the long term, the company predicts this forced charitable mission will drive up premiums.

COMMENTARY
What's with these Republicans when it comes to screwing up healthcare?
Does this financial genius want Blue Cross Blue Shield of New Jersey to go broke like NJ?
Does Christie have any of his own personal money saved up for a rainy day?
Does he think it's a good idea to take his?

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